Wednesday, December 21, 2011

No disaster before Christmas

You can see it winding down … no one has the heart to spark a major crisis before Christmas – people want to go home and forget about their troubles for a few days at least. Hence we get Ambrose, sketching out the latest fudge, but warning us that "the ultimate disaster could be even worse if it all goes wrong".

But that is not what matters. As long as the disaster is not before Christmas, that will do. After Christmas? Well, that's another matter. The sheer scale of the problems suggests that the current EUphoria might not even last until the New Year.